Aeronautical engineering

This course presents an introduction to the air transport system with a specific focus on airline operations and management. Air transport systems (3 CFU, ING-IND/05) The air transport system module will cover the following topics: introduction to the air transport system, international rules and obligations, the key characteristics of the different subsystems and their interactions: Airlines, maintenance organization, air traffic (navigation) service providers, airports, civil aviation training of personnel: ATC, pilots, engineers, dispatchers. Future development in terms of safety, environment and efficiency. Learning objectives After completing this course, the student will be able to: - explain the air transport system today and future developments - identify the main stakeholders, their interaction and the basic business models with a focus on: o ICAO and regulatory bodies o Air traffic control, o Airport o Air Operators o Service companies o International organizations (IATA, A4A, ISO) - understand the air law, regulations and standards applied to air transports - understand the environmental challenges and which actions are taken to reduce the impact of the Air Transport industry. Airline operations and economics (3 CFU, ING-IND/07) Knowledge and understanding The essential tools for analyzing airline decision-making processes are illustrated. In particular, the student understands the basic notions related to: • to the microeconomic analysis of the company, • technological innovation strategies, • the economic-financial evaluation with specific reference to the air transport industry and airline strategies. Ability to apply knowledge and understanding The student is able to apply basic methods and models of microeconomics, organization theory and corporate finance in order to: • identify the determinants of the main strategic choices of airlines, • analyze the interaction between the technological and structural evolution of the air transport industry and the strategies of the airlines. Autonomy of judgment The combination of theoretical lectures and the discussion of case studies allows students to acquire the ability to evaluate the potential and limitations of theoretical models for the purpose of formulating airline strategies. Communication skills At the end of the course, students are able to illustrate and explain the main theses and arguments of business microeconomics and corporate finance to a variety of heterogeneous interlocutors in terms of training and professional role in the air transport industry, and specifically in the airline sector. The acquisition of these skills is verified and evaluated during the final exam. Learning ability The student acquires the ability to independently conduct individual studies on specific topics of microeconomics and corporate finance with application to the air transport industry, and specifically to airlines. During the course, the student is stimulated to deepen topics of particular interest by consulting supplementary bibliographic material, such as academic articles, specialist books and websites. The acquisition of these skills is verified and evaluated during the final exam, during which the student can be called to analyze and solve new problems based on the topics covered and the reference material distributed during the course.